From the pandemic’s supply chain issues to the current worries over rising inflation, many small businesses have been struggling to adapt to the sudden shifts of today’s economy. With inflation in June hitting 9.1%, more than the Dow Jones estimate of 8.8% for the month, more and more businesses are worrying about how exactly inflation has and will impact their business, and if now is the time to sell. Let’s examine the major factors involved: Rising prices While the Fed has raised interest rates to help offset the recent surge in inflation, those increases take some time to work. In the meantime, inflation has increased the ...
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